Money and Banking

U.S. Banking Facilities

There is a full-service Navy Federal Credit Union Member Service Center at Bldg. 7-4 Sembawang location.  Membership is open to those military and DoD personnel stationed in Singapore.  There is a Navy Federal ATM which dispenses U.S. dollars located at the Terror Club.
 

Currency Exchange

A "Cash Cage" is located on the first floor of Bldg. 7-4, where you can cash cashier's checks up to $2,000 per day and exchange U.S. currency for Singapore Dollars.  The cash cage is open 10:00 a.m.-3:30 p.m. Monday through Friday, and it is closed on weekends, U.S. holidays, and local holidays.
 

Singapore Banking Facilities

You may find it necessary to open a local account at a local banking institution in Singapore.  Check with the institutions for their specific services and fees.  There is a minimum balance required to keep the accounts open, and these vary among institutions.  When opening a local account, you must have your passport with appropriate immigration stamps.  Most institutions will accept a U.S. check, but it will take 3-6 weeks to clear and there will be a fee for this service.

ATMs are available throughout the island.  Service charges vary with each ATM, and balances are shown in Singapore Dollars, not U.S. Dollars.

 


Commander, Navy Region Japan Commander, U.S. Naval Forces Japan   |   PSC 473 Box 12   |   FPO AP, 96349-0001
Official U.S. Navy Website